-
Dymon Asia announces first close of $50M fund for fintech, focused on Southeast Asia
Hedge fund Dymon Asia is getting into the venture capital game after it announced its maiden fund. Dymon Asia Ventures is focused on fintech deals and it is targeting a $50 million raise. Today, its founding partners disclosed a first close of $20 million from a range of LPs that include Thai bank Siam Commercial (SCB), which invested an undisclosed sum via its Digital Ventures arm.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- fintech, venture capital
-
UBS Raises $110 Million Fund to Invest in Woman-Led Firms
UBS Group AG’s American wealth management unit has helped raise $110 million for a U.S. venture capital fund that will invest in companies in the health, education and environmental areas that are led by or co-managed by women.
- Categories
- Impact Assessment, Investing
- Region
- North America
-
Jay Z Launching Venture Capital Fund to Invest in Startups, Including Impact Investments
Jay Z is launching a new venture capital fund, as Rolling Stone points out. It’s called Arrive, and it is a collaboration between Jay’s Roc Nation, Primary Venture Partners, and GlassBridge Asset Management. According to a press release, Arrive will invest in startup companies, “providing them with brand services, business development, advisory and capital to drive growth in their organizations.”
- Categories
- Impact Assessment, Investing
- Region
- North America
- Tags
- venture capital
-
Nearpod Notches $21M in Series B Round to Expand Digital, Virtual Learning Experiences
Nearpod, which offers a suite of tools for teachers to create and share multimedia-rich lessons, presentations and digital activities with students, has raised $21 million in a Series B round led by Insight Venture Partners.
- Categories
- Education
-
Woman-Led Tala Raises $30 Million Series B For Micro-Loans Via Smartphone
Tala, a startup that makes micro-loans to entrepreneurs in the developing world via smartphone app, has raised a $30 million Series B round as it expands into new geographical markets.
- Categories
- Investing, Technology
- Tags
- fintech, venture capital
-
Brazil’s Creditas Gets $19 Million Amid Boom in Local Fintech Financing
Creditas Soluções Financeiras Ltda, a Brazilian financial technology firm focused on secured consumer loans, has obtained $19 million from investors in a financing round that will allow it to provide borrowers with funds for one-fourth of what they pay to domestic lenders.
- Categories
- Technology
- Region
- Latin America
-
Are venture funds missing out on a huge India opportunity?
Are venture funds missing the wood for the trees in India? Even while there is talk of a suspected slowdown in startup funding, the amount of money sloshing around is large. But how much of an impact is it having, and why is the average Indian not being affected by it? For that, you have to pause and take another look. What do you see?
- Categories
- Uncategorized
- Region
- South Asia
-
Venture Capitalist: Managers Need to Take More Risks in Impact Investing
Speaking on a panel at The Economist’s Impact Investing conference Wednesday, Nancy Pfund, the founder and managing partner of DBL Partners, was critical of larger institutions and said their lack of aggressiveness in impact investing was holding back the asset class.
- Categories
- Investing
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.